How does economic crises affect political legitimacy? 🔊
Economic crises can significantly undermine political legitimacy. When economic stability falters, citizens often lose trust in their leaders and institutions, questioning their ability to manage public resources effectively. This discontent can lead to widespread protests, political unrest, and a challenge to the existing government. Moreover, a crisis often creates opportunities for populist movements, which may capitalize on dissatisfaction. Ultimately, a fragile economy can erode the social contract between the government and the populace, weakening the foundation of democratic governance and leading to potential regime changes.
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